Telecom Italia (TIIAY) Expected to Announce Quarterly Earnings on Wednesday

Telecom Italia (OTCMKTS:TIIAY) is projected to release its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.1045 per share and revenue of $4.1342 billion for the quarter.

Telecom Italia Trading Down 0.7%

TIIAY stock opened at $8.66 on Wednesday. Telecom Italia has a 52-week low of $4.54 and a 52-week high of $11.20. The business has a 50-day simple moving average of $9.07 and a two-hundred day simple moving average of $7.86.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets reaffirmed a “hold” rating on shares of Telecom Italia in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

About Telecom Italia

Telecom Italia S.p.A., commonly known by its brand TIM, is Italy’s leading integrated telecommunications operator. The company offers a comprehensive range of fixed‐line and mobile voice services, high‐speed broadband access, and digital television solutions to residential, corporate and wholesale clients. Telecom Italia designs, builds and manages network infrastructure, including fiber‐optic and wireless systems, to deliver reliable connectivity across urban and rural markets in Italy.

Beyond traditional telephony, Telecom Italia has expanded into information and communications technology (ICT) services, providing cloud computing, cybersecurity, Internet of Things (IoT) platforms and data analytics solutions.